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Gold/Mining/Energy : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?

To: Chuca Marsh who wrote (302)	8/6/1998 5:35:00 PM
From: Blake	Read Replies (2) \| Respond to of 509

Rubicon Minerals and Atna Resources Begin Exploration on Palmer Base Metal Project VANCOUVER, BRITISH COLUMBIA--Rubicon Minerals Corporation (RMX.V) and Atna Resources Ltd. (ATN.T) are pleased to announce that fieldwork commenced on the Palmer base metal project on July 22nd 1998. The Palmer project, located 35 miles northwest of Haines, Alaska, is close to tidewater and is accessible by the Haines Highway and active logging roads. The target deposit at the Palmer project is a Greens Creek-type massive sulphide deposit, greater than 20 million tons in size. The project is located in 'elephant country' and hosts numerous high-grade base metal showings within rocks that are the same age as the Greens Creek and Windy Craggy deposits. The 1998 field program will consist of: - detailed geological mapping, relogging and additional sampling of previous operator's drill core to define target areas - a geophysical orientation survey (8 line miles) to provide direct detection techniques over known massive sulphides and flanking alteration - rock sampling of showings to outline areas of high potential based on metal and alteration patterns - diamond drilling (approx. 3000 ft) commencing in early September to test priority targets This phase of exploration will be completed by the end of September. All results will be released at the conclusion of the program. Over 25 high-grade base metal and/or barite showings occur on the property over a trend of 5.7 miles. Significant results from past work on the property are as follows: /T/ SHOWING INTERVAL Zn Cu Au Ag percent percent oz/ton oz/ton Little Jarvis(1) 15 foot chip 13.0 7.0 0.02 7.0 Main Zone(1) 20 foot chip 8.0 1.4 0.03 9.5 MHC(2) Boulder 6 foot chip 33.0 2.5 Nil 1.6 MHC(2) 26 boulders less than (avg.) 19.3 1.0 0.01 1.1 HG(2) 2.5 foot chip 9.5 0.4 0.03 1.9 Boundary(1) Grab less than 0.1 6.5 0.06 0.4 Cap(3) 43 foot less than channel 0.3 0.1 0.01 8.0 (1) Kennecott (2) United States Bureau of Mines (3) Newmont /T/ Despite the presence of high-grade showings and spectacular mineralized boulders, previous exploration on the project has been limited and sporadic. RUBICON MINERALS CORPORATION J. Garfield MacVeigh, President ATNA RESOURCES LTD. Peter DeLancey, President -30- FOR FURTHER INFORMATION PLEASE CONTACT: Rubicon Minerals Corporation Garfield MacVeigh (604) 623-3333 (604) 623-3355 (FAX) or Rubicon Minerals Corporation Michael Gray (604) 623-3333 (604) 623-3355 (FAX) rubiconminerals.com e-mail: rubicon@rubiconminerals.com or Atna Resources Ltd. Peter DeLancey (604) 684-2285 (604) 684-8887 (FAX) or Atna Resources Ltd. Michael Williams (604) 684-2285 (604) 684-8887 (FAX) atna.com e-mail: info@atna.com The VSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.